August 21, 2015Daily Analysis

8/21 Analysis: How to Trade the News (if you must)

The safest way to trade the news is to take the day off as we’ve mentioned before.  However, I’ll show you how to trade around the news.

If you are going to trade, wait until after the initial impact of the news announcement has settled down which we have a great example of today during the London session.

25 minutes after the news hit, here is what the indicator looked like:

These conditions warrant a market order immediately when you see it on the indicator.


082115 London Trade1Result

The entry above is where you could have got in when you noticed the momentum on the indicator.

From that point, it’s a quick 20 pip profit.

You can watch the entire video analysis below:

You can see that our Currency Strength Indicator is an effective tool for picking out the highest probability, lowest risk trade set ups while avoiding market conditions that aren’t favorable. If you keep using this tool every day along with our daily Forex analysis, you will increase your win rate and be on your way to becoming a profitable trader long term.

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James Edward
James Edward has been a successful Forex hedge fund manager & educator for over a decade. He founded Complete Currency Trader, a London based firm that has consistently trained individuals to become professional and profitable traders long term using the individual currency strength analysis methodology. CCT is an elite Forex educational firm and has a reputation second to none with over 90 positive reviews and an overall 4.538 out of 5 rating on the third party verification site Forex Peace Army. James’s affable personality, expert knowledge, notoriety for getting results, and steadfast dedication to his clients, has secured his position as one of the most trustworthy, liked, and in demand authorities in the industry.